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    12509 Crestwood Ave Brandywine, MD 20613

    Sponsored
    For Sale
    $1,500,000

    10.6 Acres, Prime Residential Development

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 10.6-acre parcel, located at 12509 Crestwood Ave S, Brandywine, MD 20613, presents a remarkable opportunity for residential development. Zoned Residential, Rural (RR), this fee-simple property allows for the creation of up to 23 residential lots, according to current zoning regulations. The property's convenient location offers easy access via Crestwood Avenue, directly off the Moores Road and Branch Avenue intersection, providing excellent connectivity to major transportation routes. Situated across Branch Avenue from a thriving 324-unit townhome community, this land benefits from a strong existing residential market. The surrounding area exhibits robust economic growth, fueled by major employers like Joint Base Andrews and MedStar Southern Maryland Hospital Center, creating significant demand for new housing in an undersupplied market. With a high average household income of $119,561 within a 3-mile radius, this site offers exceptional potential for a high-return residential development project. The property's APN is 11-1134105. This is a prime opportunity to capitalize on the burgeoning residential market in Prince George's County, Maryland. The asking price for this exceptional property is $1,500,000.

    Property Features for 12509 Crestwood Ave

    General Information

    Property type
    Land
    Lot Size
    461,736 SF

    HighLights

    • 10.6‑acre residential development site in Brandywine, MD, zoned Residential, Rural (RR).
    • Potential for up to 23 residential lots.
    • Located at 12509 Crestwood Avenue South, across from a 324‑unit townhome development.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Auto Repair Shop Clothing Store Hotel & Motel Auto Parts Store Department Store Kitchen & Bath

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Brandywine
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.876833
    Latitude
    38.7178428

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    FAQs

    What type of property is this?
    Land - 10.6 Acres, Prime Residential Development
    Where is this land located?
    The property is located at 12509 Crestwood Ave Brandywine, MD.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: 10.6-acre residential development site in Brandywine, MD, zoned Residential, Rural (RR).; Potential for up to 23 residential lots.; Located at 12509 Crestwood Avenue South, across from a 324-unit townhome development.
    (202) 499-4077
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12509 Crestwood Ave Brandywine, MD 20613
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